Sydney Morning Herald State Political Editor

Energy company Metgasco has been told by the Independent Commission Against Corruption it will not be launching an inquiry into its shareholders following a referral by NSW resources minister Anthony Roberts because it is outside its jurisdiction.

Mr Roberts announced last month that he had suspended Metgasco's gas exploration licence at Bentley, near Lismore, due to a lack of community consultation and concerns "about the way in which Metgasco has characterised its activities".